Let's Trade Options | Page 717 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

BELLA SYSTEM. Let's try it, let's improve it! 118 replies

Let's Trade The News V 0.4 ! 479 replies

Any Options, Bull Options & Option Bit 39 replies

Let's Trade The News! 46 replies

Let a trade develop? 17 replies

Attachments: Let's Trade Options
Exit Attachments

Let's Trade Options

  • #14,321
  • Nov 29, 2016 9:16pm Nov 29, 2016 9:16pm
I need GS to break out, perhaps announcement of former Squidbilly Mnuchin to Trump's Treasury head spot will do the trick?
http://money.cnn.com/2016/11/29/news...ury/index.html
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,322
  • Nov 30, 2016 7:15am Nov 30, 2016 7:15am
Quoting The Fool
had to slide down the puts 50c or so but filled the BK, paid more too, about 12c, but still has near 5x potential by Fri and b/e @ $70.....ignoring the calls atm
missed that one
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,323
  • Nov 30, 2016 7:15am Nov 30, 2016 7:15am
Quoting The Fool
I need GS to break out, perhaps announcement of former Squidbilly Mnuchin to Trump's Treasury head spot will do the trick? http://money.cnn.com/2016/11/29/news...ury/index.html
got that one
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,324
  • Nov 30, 2016 7:33am Nov 30, 2016 7:33am
Quoting The Fool
another UVXY trick, one I don't use but I knows those who do: if you look out a couple months sometimes you will see people are buying the fotm calls when they get cheap (i.e., when the ^VIX is bottoming) - these long calls usually have the largest oi at the bottom of the chain - where they are cheapest, and they are just trying to catch a vol rush which will swell the options prices all the way out to the end of the chain, even if the u/l price goes nowhere near that far strike. If it were cheap enough I might try it but I think the flys are a...
I did some of these - long UVXY $35 Dec23 calls for 7c - I saw them bump to 21c this morn but I was not fast enough to grab the cash.....seeing 13c now....will give a chance for another bump
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,325
  • Nov 30, 2016 12:04pm Nov 30, 2016 12:04pm
paid 22c for this skinny GS fly, if GS would fade a buck or two Thurs-Fri I might get a good finish, maybe net out 35-40c

Generally I'd like to see /ES pull back a bit this week, but I am wary of NFP Friday.....idk tho, I have SPX and some SPY spreads each way, one or more of them will hit well, as long as I am in the losers cheap, I'm good...
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-11-30_1157gs.png Size: 78 KB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,326
  • Nov 30, 2016 12:32pm Nov 30, 2016 12:32pm
shit or get off the pot time for 6c HYG long calls
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2016-11-30_1226hyg.png Size: 49 KB
Click to Enlarge Name: 2016-11-30_1229hyg2.png Size: 70 KB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,327
  • Dec 1, 2016 7:41am Dec 1, 2016 7:41am
Quoting The Fool
paid 22c for this skinny GS fly, if GS would fade a buck or two Thurs-Fri I might get a good finish, maybe net out 35-40c
GS has blown past the high b/e of my fly. I had good net yesterday. Today, not. I gambled on a little pullback, and it still may come. Thought about exiting when I had good gain, coulda shoulda woulda

....GS now done $166 to $224 since the Election eve dip, near 35%
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-12-01_0737GS.png Size: 54 KB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,328
  • Dec 1, 2016 10:13am Dec 1, 2016 10:13am
Bought quite a few DIA (ETF for DOW) put contracts for tomorrow for 8c, current DOW charts indicating a strong sell off plus volume is almost double its average

190 puts

(DIA161202P00190000)
-OPR
0.08 https://s.yimg.com/lq/i/us/fi/03rd/down_r.gif 0.08(50.00%) 17:37
  • #14,329
  • Dec 1, 2016 10:38am Dec 1, 2016 10:38am
Hello Fool, have Look at OHI, seems like good call spread
  • #14,330
  • Dec 1, 2016 10:50am Dec 1, 2016 10:50am
Quoting charron
Hello Fool, have Look at OHI, seems like good call spread
I looked at some healthcare related names......I'm not sure you can make a bull case for the sector in the face of the Death of ObamaCare. I could go into it but you can google it if you want.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,331
  • Dec 1, 2016 10:52am Dec 1, 2016 10:52am
Why do you think the Dow will tank tomorrow, Cecil?
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,332
  • Dec 1, 2016 11:04am Dec 1, 2016 11:04am
Quoting The Fool
Why do you think the Dow will tank tomorrow, Cecil?
just based on technicals on my chart set up
  • #14,333
  • Dec 1, 2016 12:19pm Dec 1, 2016 12:19pm
I don't know about tomorrow, but I have to be bullish for December. I won't be surprised to see Dow touch 20,000 by year's end. I am shopping SPX call calendars and flys north of 2,350....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,334
  • Edited 12:45pm Dec 1, 2016 12:24pm | Edited 12:45pm
My Dec put calendar target was $118, launched that > a month ago, when TLT traded ~$132, TLT broke below $119 today....I am thinking of grabbing cash before the NFP.....

....Entered for 17c, worth $1.12 now.......I have a $1.80 net target - 10baggy, but.....pigs get slaughtered....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,335
  • Dec 1, 2016 12:50pm Dec 1, 2016 12:50pm
Quoting The Fool
I don't know about tomorrow, but I have to be bullish for December. I won't be surprised to see Dow touch 20,000 by year's end. I am shopping SPX call calendars and flys north of 2,350....
filled a Dec16/Dec23 SPY $225 call calendar for 2c.....was hoping for 1c
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,336
  • Dec 1, 2016 1:05pm Dec 1, 2016 1:05pm
tried to fill a DIA $199 call calendar, Dec30/Jan6 - for 9c......you know I'm loco, ese....
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,337
  • Dec 1, 2016 2:38pm Dec 1, 2016 2:38pm
Quoting Cecil Gee
{quote} just based on technicals on my chart set up
I do not see any technicals for Pullback. what are you seeing?

Technically, It is nothing but strong uptrend with fundamentals backing of strong economy and chances of lower corporate tax cuts. All points to 20000+ DJI

Only threat I see is Yellen talking about rate increase.

financial World is also getting comfortable with Trump.
  • #14,338
  • Dec 1, 2016 4:35pm Dec 1, 2016 4:35pm
Quoting charron
I do not see any technicals for Pullback. what are you seeing? Technically, It is nothing but strong uptrend with fundamentals backing of strong economy and chances of lower corporate tax cuts. All points to 20000+ DJI Only threat I see is Yellen talking about rate increase. financial World is also getting comfortable with Trump.
well, let us wish Cecil luck with his trades. When the index premia are cratering in these uptrends I will buy super cheap put flys to hedge bullish trades. There are still wildcards out there - the Austrian and Italian votes may send ripples thru the markets. The real threat though is the French vote in the Spring. Otherwise, threats are there but hidden, unknown events, and those are always there, can't plan a trade on them. I'm with you and I think the US indices will grind up generally well into Q1 '17. But it would be great to get a pullback, even a small one of a few %......
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,339
  • Dec 1, 2016 7:31pm Dec 1, 2016 7:31pm
Quoting The Fool
filled a Dec16/Dec23 SPY $225 call calendar for 2c.....was hoping for 1c
a 20-lot risks $40 + comms to make maxP a little > $1,000 less comms and b/e is at $220, with decent profit coming on at $222 - and that's at expiry
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-12-01_1929.png Size: 73 KB
"If The Fool persists in his Folly he will become wise." - William Blake
  • #14,340
  • Dec 1, 2016 7:58pm Dec 1, 2016 7:58pm
Cecil could be right, though - the Naz could be pointing the way. If there is a big NFP miss Friday, it will bring back uncertainty about the Dec FOMC, and the indices could slide right til the FOMC announcement....
Attached Image (click to enlarge)
Click to Enlarge Name: 2016-12-01_1953ndx.png Size: 63 KB
"If The Fool persists in his Folly he will become wise." - William Blake
4 traders viewing now